Source : http://www.dnaindia.com/money/report_government-to-award-17-port-projects-to-private-players_1323184
The government is planning to award 17 major port development projects to private players, under its ambitious National Maritime Development Programme. "We would like to have more private participation in the maritime sector under the NMDP. As per the current plans, 17
projects will be awarded to the private sector," ministry of shipping, secretary, K Mohandas told PTI.
These 17 projects, once completed, will enhance the cargo handling capacity in the country by 183.5 million tonne per annum, Mohandas said.
NMDP envisages to increase the capacity of major ports across the country by 410 million tonne per annum (MTPA), which would be needing an investment of Rs62,000 crore, he said. "We are ready to provide support to all the private sector players to set up ports and other maritime development projects," Mohandas said.
Designed as public-private-partnership project, NMDP was launched in 2005 to implement 276 projects by March 2012.Under NMDP, the government also plans to set up a mega container terminal at Chennai, with an estimated cost of Rs3,686 crore, which would increase the Chennai port's capacity by 48 MTPA.
The project also calls for investing Rs1,136.63 crore in Kandla Port, to enhance berthing and allied facilities.
Showing posts with label Ports. Show all posts
Showing posts with label Ports. Show all posts
Sunday, December 13, 2009
Saturday, December 12, 2009
Orissa Government signs MOU for setting up of 14 new ports - 10 Dec 2009 - Orissadiary.com
Source : http://www.orissadiary.com/ShowBussinessNews.asp?id=15693
Report by Orissadiary correspondent; Bhubaneswar: With vast coast line of 480 km, Orissa is all set to be the gateway for the industrialization of mineral rich states of the country. While Orissa Government has signed MoU for setting up of 14 new ports in its coastline, the state can bring fortune to its neighbours primarily Madhya Pradesh, Chhatisgarh and Jharkhand.
“Orissa will play a vital role in the overall development of the country due to its rich natural resources and maritime endowments. For its immense natural resources like iron ore and other minerals and rapid industrialization, ports in Orissa shall be the natural exit apart from serving land locked states such as Jharkhand, Chhatisgarh and Madhya Pradesh,” Said Mr Sanjeeb Sahoo, Minister for Transport and Commerce, while inaugurating the “Port Conclave”, organized by the Confederation of Indian Industry (CII) Orissa Chapter, here on Wednesday.
The Conclave was held keeping in mind the heightened level of activity in the port sector that has made Orissa a critical node along the East coast and to provide a forum to different players to discuss and debate the various issues related to the port sector and its development. Industry captains deliberated on various issues ranging from the benefits of Public Private Partnership to special economic zones.
Stressing the importance of public private partnership (PPP) in this sector, Mr Satyabrata Sahu, Commissioner-cum-secretary to Commerce and Transport Department, Government of Orissa, said, “The creation of world class infrastructure is key to attaining the country’s projected growth rate of 9 per cent, which is believed to be necessary to make a progress in eliminating poverty and achieving a quantum jump in the quality of life of its citizens. However, the investment required for overcoming the existing deficit in infrastructure quality and quantity is so large that it cannot possibly be met by relying only the public sector. It is, therefore, necessary to explore the scope for building infrastructure through PPP at both the Center and state level.”
He further added that in the wake of the significant interest shown both by domestic and foreign investors in this sector in the state, the commercialization of ports in a planned and phased manner through optimal utilization of resources together with the adoption of international best practices can surely secure value for public money and can provide efficient and cost effective services to the users.
Suggesting ways to remove some of the impediments to the growing port sector in the state, Mr Micheal Pinto, former Secretary Shipping, said that besides setting up a PPP approval board in the ministry of finance that will be responsible for the PPP projects, there should also be a separate authority or clearing point for the benefit of logistics providers.
Mr S.S. Nandurdikar, Chairman, Orissa State Council, Mr D Bose, Chairman, CII Infrastructure and Logistics sub-committee and Mr Santosh Mohapatra, CEO, Dhamra Port Company Limited were also present at the conference.
Report by Orissadiary correspondent; Bhubaneswar: With vast coast line of 480 km, Orissa is all set to be the gateway for the industrialization of mineral rich states of the country. While Orissa Government has signed MoU for setting up of 14 new ports in its coastline, the state can bring fortune to its neighbours primarily Madhya Pradesh, Chhatisgarh and Jharkhand.
“Orissa will play a vital role in the overall development of the country due to its rich natural resources and maritime endowments. For its immense natural resources like iron ore and other minerals and rapid industrialization, ports in Orissa shall be the natural exit apart from serving land locked states such as Jharkhand, Chhatisgarh and Madhya Pradesh,” Said Mr Sanjeeb Sahoo, Minister for Transport and Commerce, while inaugurating the “Port Conclave”, organized by the Confederation of Indian Industry (CII) Orissa Chapter, here on Wednesday.
The Conclave was held keeping in mind the heightened level of activity in the port sector that has made Orissa a critical node along the East coast and to provide a forum to different players to discuss and debate the various issues related to the port sector and its development. Industry captains deliberated on various issues ranging from the benefits of Public Private Partnership to special economic zones.
Stressing the importance of public private partnership (PPP) in this sector, Mr Satyabrata Sahu, Commissioner-cum-secretary to Commerce and Transport Department, Government of Orissa, said, “The creation of world class infrastructure is key to attaining the country’s projected growth rate of 9 per cent, which is believed to be necessary to make a progress in eliminating poverty and achieving a quantum jump in the quality of life of its citizens. However, the investment required for overcoming the existing deficit in infrastructure quality and quantity is so large that it cannot possibly be met by relying only the public sector. It is, therefore, necessary to explore the scope for building infrastructure through PPP at both the Center and state level.”
He further added that in the wake of the significant interest shown both by domestic and foreign investors in this sector in the state, the commercialization of ports in a planned and phased manner through optimal utilization of resources together with the adoption of international best practices can surely secure value for public money and can provide efficient and cost effective services to the users.
Suggesting ways to remove some of the impediments to the growing port sector in the state, Mr Micheal Pinto, former Secretary Shipping, said that besides setting up a PPP approval board in the ministry of finance that will be responsible for the PPP projects, there should also be a separate authority or clearing point for the benefit of logistics providers.
Mr S.S. Nandurdikar, Chairman, Orissa State Council, Mr D Bose, Chairman, CII Infrastructure and Logistics sub-committee and Mr Santosh Mohapatra, CEO, Dhamra Port Company Limited were also present at the conference.
Experts stress on easing norms for port development - 10 Dec 2009 - Business Standard
Source : http://www.business-standard.com/india/news/experts-stresseasing-norms-for-port-development/379060/
With the projected traffic of the port sector in the country pegged at 1570 million tonne per annum (mtpa) by 2011-12, the government will have to remove various impediments to achieve overall growth of the ports.
The impediments include both procedural and infrastructural like dispensing with the system of referring all the public-private-partnership (PPP) projects to PPP Approval Board of the Union finance ministry, insistence on up-front fixation of tariff for the developers and insistence on using a model concession agreement. Simultaneously, a clearing point needs to be set up for the benefit of the logistic providers, Micheal Pinto, former secretary of shipping, Government of India (GoI) said.
Delivering the keynote address in the Port Conclave organised by the Confederation of Indian Industry (CII), he said, the major ports are required to create additional capacity of 493.2 mtpa, the non-major ports 345 mtpa by 2011-12. While the existing capacity of the major ports in the country is estimated at 530 million tonne, the capacity of the non-major ports is 202 mtpa. However, after the proposed capacity expansion, the major ports will have a total capacity of 1023.2 mtpa and the non-major ports 547 mtpa by 2011-12.
Pinto said, the compound annual growth rate (CAGR) in the traffic of the ports in the country was 5.88 percent during the last 58 years since 1950-51 and this increased to 10.77 percent during the last five years from 2003-04 to 2007-08.
The traffic handled by the non-major ports increased from 6.72 mtpa in 1990-91 to 202 mtpa in 2008-09. On the other hand, the share of container cargo has also increased to 17.59 percent in 2008-09 from 5.26 percent in 1990-91.
With the projected traffic of the port sector in the country pegged at 1570 million tonne per annum (mtpa) by 2011-12, the government will have to remove various impediments to achieve overall growth of the ports.
The impediments include both procedural and infrastructural like dispensing with the system of referring all the public-private-partnership (PPP) projects to PPP Approval Board of the Union finance ministry, insistence on up-front fixation of tariff for the developers and insistence on using a model concession agreement. Simultaneously, a clearing point needs to be set up for the benefit of the logistic providers, Micheal Pinto, former secretary of shipping, Government of India (GoI) said.
Delivering the keynote address in the Port Conclave organised by the Confederation of Indian Industry (CII), he said, the major ports are required to create additional capacity of 493.2 mtpa, the non-major ports 345 mtpa by 2011-12. While the existing capacity of the major ports in the country is estimated at 530 million tonne, the capacity of the non-major ports is 202 mtpa. However, after the proposed capacity expansion, the major ports will have a total capacity of 1023.2 mtpa and the non-major ports 547 mtpa by 2011-12.
Pinto said, the compound annual growth rate (CAGR) in the traffic of the ports in the country was 5.88 percent during the last 58 years since 1950-51 and this increased to 10.77 percent during the last five years from 2003-04 to 2007-08.
The traffic handled by the non-major ports increased from 6.72 mtpa in 1990-91 to 202 mtpa in 2008-09. On the other hand, the share of container cargo has also increased to 17.59 percent in 2008-09 from 5.26 percent in 1990-91.
Private players to get 17 ports for development - 09 Dec 2009 - Financial Express
Source : http://www.financialexpress.com/news/Private-players-to-get-17-ports-for-development/551584/
New Delhi: The government targets to allot 17 port development projects to private players under its ambitious National Maritime Development Programme, which envisages increasing the capacity of the major ports by 410 million tonne per annum, with an investment of Rs 62,231 crore.
The 17 projects would increase the cargo handling capacity of 12 major ports by 183.5 million tonne per annum at an investment of Rs 15,446.3 crore. However, only two projects were awarded till November-end. “Many projects are in the process of being awarded and we are hopeful to meet this year’s target. For the overall programme, we are sure to award the listed projects by March 31, 2012. The same could be completed in the next 3-4 years,” a senior official in the shipping ministry told FE.
Visakhapatnam Port accounts for the maximum number of projects at five, followed by Kokata Port, Kandla Port and Jawaharlal Nehru Port Trust (JNPT), each having two capacity addition projects. The biggest project is construction of fourth container terminal at JNPT with an investment of Rs 6,700 crore to add 57.6 MTPA to the existing capacity of the port, an internal note of the ministry stated.
The ministry has also a planned manufacturing of a mega container terminal at Chennai, which would increase the port’s capacity by 48 MTPA with an investment of Rs 3,686 crore. Kandla Port would receive berthing and allied facilities, which are to be developed with Rs 1,136.63 crore.
Other key projects are development of standalone container handling facility with a 330-metre quay north of Nhava Sheva International Container Terminal of JNPT, setting up of single point mooring and allied facilities off Veera in Gulf of Kutch at Kandla Port, construction of second cargo berth at Tuticorin and a multi-purpose berth at Paradip Port.
NMDP, which is a public private partnership project, was launched in 2005 with a view to award 276 projects by March 2012 for expanding the capacity of major ports from around 400 million tonne in 2004-05. The ministry projects requirement of port capacity of 918 MTs by 2013-14. At present, the major ports handle just over 570 MTs of cargo. Earlier this year, the government dropped 22 projects from the programme, trimming its total size to 254 projects.
Since 2005, the government has awarded 116 projects. Out of these, 46 projects have been completed at an investment of more than Rs 5,000 crore. Another 15 projects are approved...
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